
Apartments for Rent in Memphis, TN Under $1,500 (733 Rentals) Page 4 of 15


Colonial Village Apartments

The Metropolitan and Greenlaw Place Apartments

Ruby Oaks Apartments

The Tower at Kent

Emerald Pointe

The Elevation at Autumn Ridge

Sutton at Shelby

Audubon Downs

Crossings at Fox Meadows

Parkway Place Apartments

The Parkway

The Landing on the Strip

Hickory Pointe

Ridgeway Pines

Watkins Manor

Aspen Parc

Macon Crossing Apartments

The Bonsai at Central Gardens

Fielder Square

The Local Apartments

The Nova Apartments

Shadowbrook Townhomes

Macon Manor

Greenline Apartments

Townhomes @ 2115

The Courtyard Apartments

Greenbrook at Shelby Farms

The Gilmore Apartments

Getwell Pointe Apartments

Uptown Square Apartments

The Boulevard

The Park at New Castle

Cedarwood Apartments

The Sylvia

The Drew

Covington Hills

The Canopy 2200

Hickory Farms

Mendenhall Gardens

Graceland Flats

Azur Tower

Imperial Arms Apartments

Woodtrail Apartment

Graham Square Apartments

The Park at Hollyford

Lexington Apartments

Riverdale

Midtown Place

Edge at Lakeview
Memphis, TN Local Guide

How much does it cost to rent an apartment in Memphis?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Memphis Studio Apartments Under $1500 | $1,040 | $547 | $1,888 |
| Memphis 1 Bedroom Apartments Under $1500 | $1,127 | $525 | $3,318 |
| Memphis 2 Bedroom Apartments Under $1500 | $1,258 | $550 | $4,978 |
| Memphis 3 Bedroom Apartments Under $1500 | $1,633 | $550 | $4,109 |
| Memphis 4 Bedroom Apartments Under $1500 | $1,091 | $550 | $8,016 |
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Frequently Asked Questions about Memphis
How much are Studio apartments in Memphis?
There are currently 626 Studio Apartments in Memphis with rent ranges from $547 to $1,888 with an average price of $1,040.
What is the current price range for One Bedroom Memphis Apartments for rent?
Today's rental pricing for One Bedroom Apartments in Memphis ranges from $525 to $3,318 with an average monthly rent of $1,127.
What does renting a Two Bedroom Apartment in Memphis cost?
The monthly rent prices of Two Bedroom Apartments currently available in Memphis range from $550 to $4,978. Today's average rental price for Two Bedrooms here is $1,258.
How expensive are Memphis Three Bedroom Apartments?
There are currently 414 Three Bedroom Apartments listings available in Memphis on ApartmentHomeLiving.com. The pricing ranges from $550 to $4,109 - averaging $1,633 for the location.
Expert Rental Resources
The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.
Helpful Local Expert Guides

Memphis, Tennessee: A Local Expert's Insider Guide to the Bluff City
Written by: Joshua Carlucci
Hello from Memphis, Tennessee. I'm Josh, your ApartmentHomeLiving.com Local Expert for Memphis, and I spent years in this city eating, writing, cooking, studying, and getting to know it block by block.

The Local Memphis Expert's Guide to Renting Near the City's Top Employers
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College Life in Memphis: Affordable Neighborhoods Where Students Really Live and Thrive
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Affordable Memphis: The Best Lower Priced Neighborhoods with Character
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Articles, How-To's, and Tips

How Commercial-to-Residential Property Conversions Help the Housing Crisis
Written by: Robin Stewart
Many housing markets throughout America share a common complaint: a lack of affordable rental properties.

Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My!
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Where do you see yourself? When you think of home, sweet home, are you in a 3/2 apartment? Dreaming of a tall townhome? Maybe an industrial loft heavy on cool vibes is on your visioning board.

Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags
Written by: Robin Stewart
Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.

First Apartment Regrets: Real Renters Share What They'd Do Differently
Written by: Robin Stewart
Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.